Guar seed futures gain on spot demand

Guar seed futures gain on spot demand

New Delhi, Nov 23 (PTI) Guar seed prices on Thursday increased by Rs 6 to Rs 5,624 per 10 quintals in futures trade after speculators widened their positions following a firm trend in the spot market.

On the National Commodity and Derivatives Exchange, guar seed contracts for December delivery rose Rs 6 or 0.11 per cent to Rs 5,624 per 10 quintals with an open interest of 73,385 lots.

According to marketmen, speculators raised bets, tracking a firm trend in the spot market and thin supplies from growing belts mainly led to the rise in guar seed prices. PTI SHW MR

Disclaimer: This story is auto-generated feed.

Related Stories

No stories found.
logo
PSU Watch
psuwatch.com